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The marketing expenditure budget of a small regional chocolate manufacturer is expected to be no more than $250 000, no less than $180 000 and most likely $200 000. What is the mean value? And what is the probability that this mean value will exceeded? (Please state any assumptions that you make in performing the necessary calculations.)

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The marketing expenditure budget of a small regional chocolate manufacturer is expected to be no more than $250 000, no less than $180 000 and most likely $200 000. What is the mean value? And what is the probability that this mean value will exceeded? (Please state any assumptions that you make in performing the necessary calculations.)

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